7 Tips for Minting Money by Selling Ebooks on Ebay
By Pinaki Ghosh
Though you can never sell your second hand car at first hand price, you can however do that with ebooks by selling them on eBay. The best thing about ebooks is that they are resalable at first hand price, and still no one will sue you for breaking copyright laws.
You just have to customize them by changing certain information like the name of the publisher, writer, etc. Many ebooks come with master Resell Rights, which means, you are
given permission to resell them and keep the full profits for yourself. No royalty to share
with anyone. Or, you can get a tailor-made ebook written by an economical ghostwriter. For $300 – $ 1000 (depending on the number of pages) you can have an ebook ghostwritten. You can try services like www.123writer.com.
Ebooks on business, success, stress-management, travel and leisure, understanding
human psychology, relationship development sell extremely well on eBay. Prices of
books range from $1.95 to $79.95 (real good books on making huge money). The prices of most ebooks are around $29.95 (travel, success formula, stress management, relationship-development, understanding human psychology and technical). Let’ s find out how you can make real profits by selling ebooks on eBay.
1. Do your research before you start selling
Before you actually dive as an eBay seller, do some amount of research about eBay,
and how things work on eBay. In a matter of days you will come to identify your
potential competitors and at what price they are offering their ebooks. There are 2
ways to sell: (a) selling to the highest bidder (b) fixed price selling (advisable for
selling ebooks).
2. Write a strong sales copy
Step two is writing a strong, creative sales copy to be used for eBay listings that really works. If you are not good at copywriting, hire a copywriter for this purpose, because, you will constantly need the help of this person for your various ebooks. A convincing copy will attract your potential buyers’ attention towards your product. Not only should the sales copy be attractive, but it should be SEO friendly; which means, keyword rich. That will make your product search-engine-friendly.
3. Invest on a good ebook cover
If you want to do business, do not save on the ebook cover. Experts like Brent Turner
(CEO of eCover Frog) say that 40% buyers are attracted
towards ebooks by the image (ebook cover). Place an order with a professional
designer to get a first grade ebook cover design. Rates start from $30 upwards. Use
this image (or images) in the eBay listings of your ebook.
4. Offer multiple payment options
Offer your buyers / bidders multiple options for paying. In fact, offer them as many
options as possible. This will increase your chances of selling more.
5. Add shipping costs
Shipping costs do not come into consideration if you offer an option of direct
download on payment, but if you opt to send your ebooks in compact discs by snail
mail; you must calculate and include the shipping cost.
6. Maintain professionalism
Maintain a professionalism right from the beginning, and be 100% businesslike, if
you want to stay in the long run. Be very prompt, and give the best possible customer
service, charge necessary taxes, and preferably, register your business with the
government.
7. Feedback
There is a system of feedback exchange with your buyer on eBay. The feedback
speaks of the trustworthiness of the buyer and the seller. It is like complimenting each
other. Other buyers will see the feedback about you before they buy. The 3 types of
feedback that can be given are: (a) positive (b) neutral, and (c) negative. You should
leave a positive feedback for a good buyer. Don’ t hesitate to leave a negative
feedback for a buyer who was nasty or crafty. It is advisable sometimes not to leave a
feedback at all, rather than leave a neutral feedback for your buyer, as that can attract
a negative for you.
Initially, how good is business on eBay? Effortless and slow in the beginning, picks up
gradually and finally shoots up like a rocket. In a matter of days or weeks you can
recover the money you invested on the ebook and for selling on eBay.
About the Author
Pinaki Ghosh is the author of 7 books (http://writerpinaki.com). He is the CEO of Writer4me Media Group and has worked with BBC. He has been the ghostwriter of several celebrities.
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